By Michael Bloom
Publication Date: 2026-11-02 13:12:00
Here are Monday’s biggest calls on Wall Street: Deutsche Bank upgrades CrowdStrike to buy from hold Deutsche said the company is firing on all cylinders. “We upgrade shares of CRWD t o Buy from Hold and raise our DCF-derived TP to $300 as we believe investors are still not fully appreciating the extent to which AI will expand the market for cybersecurity and CrowdStrike’s leadership at the forefront.” BTIG initiates SharkNinja as buy BTIG called the company “dynamic.” “With approximately $7.5 billion in expected 2026 revenue, we view SharkNinja (SN) as one of the most dynamic and innovative growth companies in global consumer products.” Morgan Stanley downgrades Coinbase to underweight from equal weight Morgan Stanley said the earnings recovery is too uncertain for Coinbase. “October’s weaker trading pace and crypto market uncertainty challenge our recovery thesis. We cut ’27/28E revenue 28%/18% and EBITDA 47%/25%, reducing confidence in normalized earnings and valuation support. With risk/reward skewed to the downside, we lower PT to $120 (from $258) and downgrade to UW.” Read more here. PhillipCapital upgrades Amazon to buy from accumulate The firm says Amazon is best positioned for AI. “We think AMZN is well-positioned in AI by being model-agnostic and leveraging its full-stack capabilities, including custom chips and partnerships with large LLM models.” KBW upgrades PennyMac to outperform from market perform KBW said the “investment opportunities remain robust.”…
